Lumber Prices: Crisis Over? Absolutely Not.

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In This Episode, We Cover: 
  • Why recent headlines claiming lumber prices have dropped can be misleading.
  • The real meaning behind "lumber prices fall to their lowest level in 2022."
  • Why a small dip doesn’t mean the crisis is over — lumber is still double the price from just a few years ago.
  • How surging mortgage rates are impacting housing demand — and whether it’s truly a “dent” or a deeper issue.
  • A breakdown of the cost difference in mortgage payments between early 2022 and now.
  • The impact of rising rates on first-time buyers and entry-level homes.
  • Why builders and contractors still can’t rely on current lumber pricing for future projects.
  • How lumber price volatility makes it hard to plan for new construction.
  • Why prices likely won’t return to pre-pandemic levels (like $400 or $500).
  • The long-term market signal: builders and buyers are adapting to near-$1,000 lumber prices.
  • Why comparing current interest rates to those from the 1980s-90s helps put things into perspective.
  • What homeowners and builders need to know when budgeting for future builds and renovations.
  • Ongoing challenges in supply chains — especially for finish materials like cabinets, appliances, and trim.
  • Labor shortages: the bigger, often overlooked problem impacting construction timelines and costs.
  • Why interest rate hikes hurt buyers more than builders — especially for those trying to leave rental life or move out of their parents’ homes.
  • The underlying housing shortage that continues to drive demand — despite rising prices.
  • A call to action: builders, contractors, and homeowners — share your feedback, stories, and market insights.
  • Thoughts on the “Great Resignation” and how it quietly affects home buyers’ timelines and decision-making.
Lumber Prices: Crisis Over? Absolutely Not.
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